Laura Matthews

Donald Trump will ring the opening bell of the New York Stock Exchange on Thursday on the same day he is expected to be named Time magazine's "Person of the Year", according to two people familiar with the selection and plans.

Bitcoin broke through the $90,000 level on Wednesday, as its rally showed no signs of easing on expectations that Donald Trump as U.S. president will be a boon for cryptocurrencies.

The dollar fell against the yen on Thursday, after the Bank of Japan's less dovish remarks and U.S. data suggested upward price pressures continue to ease, keeping the Federal Reserve on track to cut interest rates by 25 basis points next week.

Intercontinental Exchange reported third-quarter profit in line with expectations on Thursday, as strong trading volumes in the energy and options segments helped offset higher expenses for the New York Stock Exchange parent.

The dollar softened against other major currencies on Wednesday, after stronger-than-expected U.S. data and a UK budget release set off choppy trading in a market awaiting jobs data later this week and a U.S. election the next.

The dollar hit three-month highs against the yen on Tuesday, but was little changed on the day against most major currencies as traders bided their time ahead of next week's U.S. election and a slew of incoming economic data.

The yen hit three-month lows against the dollar on Monday, remaining under pressure as an election loss by Japan's ruling coalition raises political and monetary policy uncertainty, while the U.S. dollar headed for its biggest monthly gain since April 2022.

Nasdaq reported a rise in third-quarter profit on Thursday, helped by strong demand in its solutions business that houses the exchange operator's financial technology products.

CME Group reported a rise in third-quarter profit on Wednesday, as uncertainty around U.S. monetary policy and geopolitical events sent investors into the derivatives markets to manage risks, bolstering trading volumes for the exchange.

Political events can trigger wild gyrations that can force investors to quickly unwind bets.